Financial Audit Compliance Manager - TOP10 Firm

Recruiter
McGinnis Loy Associates
Location
London (Greater)
Posted
24 Nov 2018
Closes
10 Dec 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Financial Audit Compliance Manager - TOP10 Firm McGinnis Loy Associates is proud to be working with a Top10 Accounting Firm who are looking for a Qualified Audit Compliance Manager for their growing Risk team in Central London. You will be responsible for assessing the extent to which audits the firm undertakes comply with Audit Regulations encompassing compliance with International Standards of Auditing, financial reporting and ethical standards. The role supports the compliance and review function to deliver enhanced Quality Assurance processes to meet some “whole of firm” audit related requirements other than file reviews. Key deliverables for the position include: • Carry out cold file reviews and/or ISA 600 reviews to assess the compliance of the audit file with the Audit Regulations. Prepare a detailed list of findings by using a tailored checklist. • Obtain responses from the partners and audit managers and subsequently hold debrief meetings with them, initially at least to involve the Principal Manager to draw out learning points • Carry out hot file reviews at either planning and/or completion stages to ensure compliance of the audit file with Audit Regulations • Prepare reports with appropriate conclusions to support the grading of each file and obtain Principal Manager and Compliance Partner agreement. • Consultations with the Principal Manager on a regular basis with regards to any complex or topical issues that arise whilst performing file reviews • Make contributions to the annual debrief presentation to all qualified audit personnel and to the presentation of occasional training sessions on Ethics • Provide for the file review requirements of the external AQR/QAD/PSR review teams on their annual audit monitoring visits • Obtain annual Compliance Declarations from all personnel • Update the firm’s Prohibited Investment List by obtaining responses from appropriate partners and staff in the UK and overseas. • Provide technical guidance demonstrating credibility through using own experience to support a point of view • Provide supporting information to justify recommendations for technical issues • Manage and delegate assignments, ensuring their completion in line with client and firm expectations To be considered for the role you should be a qualified ACA/ACCA Accountant who fully understands International Standards of Auditing (UK and Ireland) and Ethical standards. You should have an excellent knowledge of Audit Regulations, IFRS and Companies Act 2006 and a basic understanding of financial reporting standards is required. You should be able to demonstrate problem solving skills, able to influence internal colleagues and use tact and diplomacy whilst being able to work under pressure. On offer is a salary up to £65,000 depending on qualification and experience with benefits to include company pension, healthcare and 25 days holiday. To apply for the position or for more information, please contact McGinnis Loy Associates on 0845 862 6202 or via email at admin@mcginnisloy.com For other opportunities in Finance & Accounting or Public Practice within the Thames Valley, London & Midlands, please visit our website at www.mcginnisloy.com. McGinnis Loy Associates is acting as an Employment Agency in relation to this vacancy, in accordance with the Employment Agencies Act. Follow us on twitter @mcginnisloy or check our Linked-In company profile

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